Analysis: UNI-BTC: Looking for an entry point
Thesis: UNI-BTC will dump down to an attractive level, if it hasn't already, build a base and then go for another leg up.
Timeframe: Weeks
Outcome: Enter at one of these levels with a tight stop loss, based on previous wicks.
Invalidation: Whales are trying to shake out and mess with current entrants and accumulate, I could get stopped out twice and lose up to 30% of capital. Would need a very tight stop loss to execute this trade.
Action: Continue to observe thsi chart daily, see what happens, consider entering for a 20-40% move on Binance.
Timeframe: Weeks
Outcome: Enter at one of these levels with a tight stop loss, based on previous wicks.
Invalidation: Whales are trying to shake out and mess with current entrants and accumulate, I could get stopped out twice and lose up to 30% of capital. Would need a very tight stop loss to execute this trade.
Action: Continue to observe thsi chart daily, see what happens, consider entering for a 20-40% move on Binance.
Note
As of right now - this is my best and most reliable UNI chart... price is struggling for another leg up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.